Tycoons Worldwide Group (Thailand) PCL (TPE:911622) Cyclically Adjusted PB Ratio: 0.17 (As of Sep. 05, 2026) — 32% Below Median

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TPE:911622 Tycoons Worldwide Group (Thailand) PCL TPE:911622
58 GF Score
Price NT$3.60
GF Value NT$6.30
Valuation Possible Value Trap
! 8 Warning Signs
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What is Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio?

Tycoons Worldwide Group (Thailand) PCL TPE:911622 58 Cyclically Adjusted PB Ratio is 0.17 as of Sep. 05, 2026, which is 32% below its 10-year median of 0.25. GuruFocus rates TPE:911622 with a GF Score™ of 58/100 and a GF Value™ of NT$6.30 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 414 Steel companies, Tycoons Worldwide Group (Thailand) PCL ranks better than 93.24% on this metric.

As of today (2026-09-05), Tycoons Worldwide Group (Thailand) PCL's current share price is NT$3.60. Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$21.05. Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 0.17.

The historical rank and industry rank for Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:911622' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.45
Current: 0.18

During the past years, Tycoons Worldwide Group (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.16. And the median was 0.25.

TPE:911622's Cyclically Adjusted PB Ratio is ranked better than
93.24% of 414 companies
in the Steel industry
Industry Median: 0.8 vs TPE:911622: 0.18

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Tycoons Worldwide Group (Thailand) PCL's adjusted book value per share data for the three months ended in Jun. 2026 was NT$6.407. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$21.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tycoons Worldwide Group (Thailand) PCL  (TPE:911622) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms


Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Tycoons Worldwide Group (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.28 0.27 0.20 0.18

Tycoons Worldwide Group (Thailand) PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.19 0.18 0.19 0.18

TPE:911622 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


TPE:911622
58GF Score
Tycoons Worldwide Group (Thailand) PCL TPE:911622
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.60/21.05
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tycoons Worldwide Group (Thailand) PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.407/333.9520*333.9520
=6.407

Current CPI (Jun. 2026) = 333.9520.

Tycoons Worldwide Group (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.847 241.428 10.854
201612 7.716 241.432 10.673
201703 7.634 243.801 10.457
201706 7.701 244.955 10.499
201709 7.957 246.819 10.766
201712 8.209 246.524 11.120
201803 8.353 249.554 11.178
201806 8.323 251.989 11.030
201809 8.492 252.439 11.234
201812 8.345 251.233 11.093
201903 8.568 254.202 11.256
201906 8.791 256.143 11.461
201909 8.601 256.759 11.187
201912 7.207 256.974 9.366
202003 6.585 258.115 8.520
202006 6.530 257.797 8.459
202009 6.354 260.280 8.152
202012 6.248 260.474 8.011
202103 6.523 264.877 8.224
202106 6.483 271.696 7.969
202109 6.333 274.310 7.710
202112 6.033 278.802 7.226
202203 6.374 287.504 7.404
202206 6.239 296.311 7.032
202209 6.154 296.808 6.924
202212 6.508 296.797 7.323
202303 6.635 301.836 7.341
202306 6.662 305.109 7.292
202309 6.724 307.789 7.296
202312 6.692 306.746 7.286
202403 6.567 312.332 7.022
202406 6.449 314.175 6.855
202409 6.726 315.301 7.124
202412 6.169 315.605 6.528
202503 6.368 319.799 6.650
202506 5.997 322.561 6.209
202509 6.365 324.800 6.544
202512 6.657 324.054 6.860
202603 6.617 330.213 6.692
202606 6.407 333.952 6.407

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.17 mean?
Tycoons Worldwide Group (Thailand) PCL (TPE:911622) has a Cyclically Adjusted PB Ratio of 0.17 as of Sep. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tycoons Worldwide Group (Thailand) PCL and its competitors. This is 32% below median its historical median of 0.25. Over the past decade, Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.45. According to the industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #28 out of 414 companies in the Steel industry, placing it in the top 6.8%.
Is Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Tycoons Worldwide Group (Thailand) PCL's current Cyclically Adjusted PB Ratio of 0.17 is 32% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.45. The Steel industry median Cyclically Adjusted PB Ratio is 0.80. Tycoons Worldwide Group (Thailand) PCL's value of 0.17 is 78.8% below this industry median. Based on the distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #28 out of 414 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tycoons Worldwide Group (Thailand) PCL has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #28 out of 414 companies for Cyclically Adjusted PB Ratio. This places Tycoons Worldwide Group (Thailand) PCL in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.80. Tycoons Worldwide Group (Thailand) PCL's value of 0.17 is 78.8% below this benchmark. Historically, Tycoons Worldwide Group (Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.45 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.80, Tycoons Worldwide Group (Thailand) PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.80, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tycoons Worldwide Group (Thailand) PCL's current Cyclically Adjusted PB Ratio of 0.17 is 78.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tycoons Worldwide Group (Thailand) PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tycoons Worldwide Group (Thailand) PCL's current Cyclically Adjusted PB Ratio is 0.17, which is 32% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tycoons Worldwide Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL (TPE:911622) is currently considered Possible Value Trap. The stock's GF Value™ is NT$6.30, compared to a current price of NT$3.60 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is 32% below median its 10-year median of 0.25 and 78.8% below the Steel industry median of 0.80. Tycoons Worldwide Group (Thailand) PCL's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Tycoons Worldwide Group (Thailand) PCL (TPE:911622), the current Cyclically Adjusted PB Ratio is 0.17 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tycoons Worldwide Group (Thailand) PCL (TPE:911622) Overvalued in 2026?

Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL stock appears to be undervalued. The current stock price of NT$3.60 is trading 42.9% below its estimated GF Value™ of NT$6.30. GuruFocus considers Tycoons Worldwide Group (Thailand) PCL to be Possible Value Trap.

Key valuation signals for TPE:911622:

  • Cyclically Adjusted PB Ratio: 0.17 (32% below median its 10-year median of 0.25)
  • GF Value™: NT$6.30 vs. price of NT$3.60 (42.9% below fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 78.8% below the Steel median (#28 of 414)

No single metric tells the full story. See the TPE:911622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tycoons Worldwide Group (Thailand) PCL Business Description

Other Exchanges TYCN:Thailand
Address 99 Moo 1, Tambol Nikompattana, Amphur Nikompattana, Rayong, THA, 21180
Tycoons Worldwide Group (Thailand) PCL manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, steel bolts, and wire products. Its products include coil (wire rod)/wire, and screw/bolt. The company's only segment is the manufacture and distribution of steel products in Thailand.
58GF Score

Get the complete analysis for TPE:911622

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$3.60
Price
NT$6.30
GF Value